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Article: Swiss Voters Nix Spending Gold Money
- Article from:
- AP Online
- Article date:
- September 22, 2002
- Author:
CopyrightThis material is published under license from the Associated Press. All inquiries regarding rights should be directed to the Associated Press. (Hide copyright information)
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GENEVA (AP) _ Swiss voters rejected sharing the windfall of a multibillion-
dollar gold sale with the needy, and the chief opponent said the referendum
proved the Swiss were immune to foreign blackmail.
Although vote totals were not immediately available, regional returns
showed that the measure received majority backing in only a few locations.
About 52 percent turned down a government plan to spend the interest
from the sales of "excess" gold in three ways _ one-third to the Swiss
social security program, a third to regional governments and a third
to people in need at home or abroad, Swiss TV projections based on
exit polls said.
The projections said ...